Articles by James Rundle
Moscow Exchange Implements T+2
Moscow Exchange has announced that it will settle securities on a T+2 basis, or two days after trade date, starting today.
The FCA Wants You to Know That It Knows Technology Exists
With the split of the UK Financial Services Authority (FSA) into two component parts rapidly approaching, one arm has released its business plan and risk outlook, where it touches on technology in strokes so broad they're almost invisible.
Instinet Buffs Bramham for Asia Head Role
Agency-only broker Instinet has selected Shaun Bramham as its regional head of Asia-Pacific, replacing Glenn Lesko, who is returning to the US.
Janney Capital Takes InData Cloud Product
Janney Capital Management has gone live on InData's Intelligent Portfolio Manager (iPM) Cloud service.
Refereeing Fifty Matches at Once
When it comes to HFT, how much oversight is practical?
Squawker Selects BNP Paribas for Settlement Role
Block-negotiation venue Squawker has announced that BNP Paribas Securities Services will serve as its central settlement provider, ahead of a planned launch in April.
First Derivatives Plans FX SEF Launch
First Derivatives has announced that it will register as a swap execution facility (SEF), dealing with foreign exchange (FX) swaps that fall under incoming US regulatory mandates.
EMCF to Combine with EuroCCP
European central counterparty clearing houses (CCPs) EuroCCP and EMCF will combine their operations this year to create a single entity for cash equities clearing, subject to regulatory approvals.
OTC Reporting Rules Commence in Europe
Tough new rules on the levels of disclosure required for over-the-counter (OTC) derivatives trades begin in Europe today, aimed at bringing transparency to a formerly opaque market.
US Banks to Support LME Self-Clearing Platform
The London Metal Exchange (LME) has announced that Citi, JPMorgan and Bank of America Merrill Lynch (BAML) will provide infrastructure to its LME Clear platform.
DGCX Launches New Trading Platform
The Dubai Gold and Commodities Exchange (DGCX) has announced that the EOS Trader Platform has gone live, completing its planned technology upgrade schedule.
Gensler Rebuffs Regulatory Reach Critics in FIA Keynote
US Commodity Futures Trading Commission (CFTC) chairman Gary Gensler has defended elements of the Dodd-Frank Act over perceived extra-territoriality, in his keynote address to the Futures Industry Association's (FIA) annual conference in Boca Raton,…
Front-Office Data Focus Spurs IBOR Push
Data management and aggregation are perennial challenges for all market participants. But for buy-side firms, elements of these disciplines have crystallized into an Investment Book of Record—an overview combining position-level data, cash flows,…
DTCC To Establish Japanese OTC Trade Repository
The Depository Trust and Clearing Corporation (DTCC) has received approval from Japanese regulators to launch the first trade repository in the nation for the reporting of over-the-counter (OTC) derivatives trades.
US Swap Clearing Officially Begins
The US Commodity Futures Trading Commission (CFTC) announced yesterday that mandatory clearing had begun for certain swap trades entered into after March 11, 2013.
Be Careful What You Wish For
While many bemoan the lack of regulatory sophistication when it comes to analyzing the markets, the flip side is just as costly.
Fidessa Unleashes Market Abuse Monitor for Europe
UK-based vendor Fidessa has announced the release of the Market Abuse Monitor surveillance tool for its sell-side clients in Europe.
PT Schroder Takes Omgeo for Post-Trade Automation
PT Schroder Investment Management Indonesia has selected Omgeo Central Trade Manager (CTM), becoming the first asset manager in the region to go live on the service.
LSE, LCH Agree Revised Offer Terms
The London Stock Exchange Group (LSE) and LCH.Clearnet have announced the agreement of revised terms that will see the exchange group take a majority stake in the clearinghouse.
Banks, Broker-Dealers Falling Behind on T2S Preparation
A recent Celent report has found that while parts of the European financial services industry are getting ready for the implementation of the Target2-Securities (T2S) settlement platform, others are lacking preparedness and facing large costs.
For Emerging Markets, Electronic FX Trading Requires a New Mindset
Although the electronic trading of non-deliverable forwards (NDF) in emerging markets is growing, it needs higher participation and a shift in attitudes to become prevalent, panelists at FIX Protocol Limited's EMEA Trading Conference said last week.
Risk, Cost and Geographical Concerns Limit Shorter Settlement Moves
As Europe moves towards T+2, or settling two days after trade date, moves to further shorten settlement cycles are unlikely to be mandated by regulators, panelists and attendees at the FPL EMEA Trading Conference said last week.
South Korean Government Approves Central Clearing
The South Korean Financial Services Commission (FSC) has announced that central counterparty clearing houses (CCPs) will be mandated for certain over-the-counter (OTC) derivatives transactions.
Staring Down the Barrel of Mifid III
Delays and frustrations could prompt a third round of reviews in Europe, which is exactly what we don't need.